Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.030%

Price spread now: OKX against HTX−0.039%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.039%, 7d avg −0.028%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GOOGL-USDT	357.22	0	get 0.0000% / 8h	7h 20m	$115K	$209K	30x
Short	OKX GOOGL-USDT-SWAP	357.08	0	get 0.0000% / 8h	7h 20m	$13.5M	$13.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee OKXbpOrdersPrice spread, now −0.039%Rate

Funding earned: $0
Price spread: −0.039% → −0.028%: −$1.14
Slippage, 4 orders: −$9.03
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.17
Costs to cover: 0.310%
Break-even: never at this rate

Slippage from HTX: live order book, 11 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 11 min ago	2.80 bp	8.8 bp −$9	10.7 bp −$107	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.14 bp	6.4 bp −$6	14.3 bp −$143	doesn't fit	doesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	−0.0080%	1h	356.42	−0.224%	$513K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.14	−0.023%	$367K	$423K	20x	as long as short
Extended GOOGL-USD	0.0000%	1h	357.05	−0.047%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	0.0000%	8h	357.15	−0.021%	$72.3M	$142.0M	50x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.11	−0.031%	$11.5M	$7.4M	100x	as long as short
OKX GOOGL-USDT-SWAPshort	0.0000%	8h	357.08	−0.039%	$13.5M	$13.2M	50x
Gate GOOGL_USDT	0.0000%	8h	356.95	−0.076%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.07	−0.042%	$17.3M	$9.7M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.07	−0.041%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.76	−0.129%	$23K	$442K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GOOGL-USDT	0.0000%	8h	357.06	−0.045%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.94	−0.078%	$24K	$149K	10x	as long as short
HTX GOOGL-USDTlong	0.0000%	8h	357.22	long leg	$115K	$209K	30x
Phemex GOOGLUSDT	0.0000%	4h	357.01	−0.059%	$2.7M	$91K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0016%	1h	356.83	−0.109%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0021%	8h	357.11	−0.031%	$691K	$234K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0029%	1h	356.69	−0.150%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.05	−0.048%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.028%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.95	−0.076%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.90	−0.090%	$209K	$282K	10x	as long as short
Nado GOOGL-PERP	+0.0043%	1h	356.82	−0.112%	$549K	$88K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.10	−0.034%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.90	−0.090%	$98.1M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.74	−0.134%	$684K	$414K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.77	−0.126%	$125	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.80	−0.118%	$2.3M	$4.0M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	357.02	−0.057%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0059%	8h	356.78	−0.123%	$3.0M	$159K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.68	−0.151%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.00	−0.062%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.73	−0.137%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.99	−0.064%	$10K	$12K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.91	−0.088%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0184%	1h	357.08	−0.039%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0820%	4h	356.71	−0.143%	$208K	$1.2M	10x	as long as short